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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Friday newspaper round-up: Thames Water, NatWest, Metro Bank

(Sharecast News) - Thames Water has pumped at least 72bn litres of sewage into the River Thames since 2020 - roughly equal to 29,000 Olympic swimming pools - new figures reveal. Water firms have no legal obligation to report the amount of sewage discharged, only the number of hours that it was released. But campaigners argue this data is insufficient as this does not properly quantify how much sewage is in England's rivers. - Guardian Vehicle breakdowns caused by Britain's pothole-ridden roads reached record levels this year, according to the RAC. The motoring organisation said it received almost 6,000 calls for pothole-related incidents from July to September - its highest total for the relatively benign summer period since it started collecting data in 2006. - Guardian

NatWest is preparing to block the majority of Dame Alison Rose's £10m-plus exit payout over her role in the Nigel Farage debanking scandal, according to reports. The board of the bank has decided to dock the exit package of NatWest's former chief executive and confirmation was expected as soon as Friday morning, according to Sky News. - Telegraph

Shell is suing Greenpeace for $2.1 million after activists from the environmental group occupied one of its vessels to protest against its North Sea oil drilling plans. The oil major claimed that it had incurred significant costs after six Greenpeace activists boarded a ship carrying a floating production, storage and offloading vessel in January as it was en route to a shipyard in Norway. The activists occupied the vessel, which is ultimately intended for use at the Penguins field in the UK North Sea, for 13 days. - The Times

Shareholders in Metro Bank have been warned that the lender risks being put into resolution by the Bank of England if they do not support a £925 million rescue package at a vote this month. Metro said on Thursday that it would hold a meeting on November 27 to secure shareholder approval for the emergency funding deal it struck last month. - The Times

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Wednesday newspaper round-up: Amazon, dividends, Weardale Lithium
(Sharecast News) - Amazon profits soared once again in the first quarter of 2024, the company announced on Tuesday - the latest in a series of robust earnings reports for the retail giant. The company attributed the boost to artificial intelligence and advertising sales. Amazon reported overall revenue of $143.3bn in the first three months of the year - up 13% from the same period in 2023 and surpassing Wall Street expectations of $142.65bn. The e-commerce giant reported an increase of more than 200% to $15bn, with net income more than tripling to $10.4bn from $3.17bn at the same time in 2023. - Guardian
Tuesday newspaper round-up: Meta, ExxonMobil, Very Group
(Sharecast News) - The Federal Communications Commission on Monday fined the largest US wireless carriers nearly $200m for illegally sharing access to customers' location information. The FCC is finalizing fines first proposed in February 2020, including $80m for T-Mobile; $12m for Sprint, which T-Mobile has since acquired; $57m for AT&T, and nearly $47m for Verizon. - Guardian
Monday newspaper round-up: Thames Water, Brexit, Babylon
(Sharecast News) - Senior Whitehall officials fear Thames Water's financial collapse could trigger a rise in government borrowing costs not seen since the chaos of the Liz Truss mini-budget, the Guardian can reveal. Such is their concern about the impact on wider borrowing costs for the UK, even beyond utilities and infrastructure, that they believe Thames should be renationalised before the general election. Officials in the Treasury and the UK's Debt Management Office fear that, unless the UK's biggest water company is renationalised as soon as possible, "prolonged uncertainty" about its fate could "damage confidence in UK plc at a sensitive time", with elections in the UK and the US later this year. - Guardian
Sunday share tips: Centrica, Lancashire Holdings
(Sharecast News) - The Sunday Times's Lucy Tobin told her readers to book their profits in Centrica and 'sell'.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

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